14:15 ET -- Micron Technology is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The producer of computer data storage said as a result of better supply and demand balance and improved pricing, it expects first-quarter revenue will approach $4.7 billion, up from prior guidance for $4.2 billion to $4.6 billion. Micron expects an adjusted loss of about $1.17 a share. Operating expenses are seen higher at about $990 million. The stock is down more than 3% at $75.09. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)

 

(END) Dow Jones Newswires

November 28, 2023 14:33 ET (19:33 GMT)

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